Hey Capex Crusaders!
Depreciation Demystified:
Mining Edition
Because that asset might be long gone, but it’s still loitering in your budget like an unpaid bar tab.
Let’s be honest — you didn’t sign up for this.
You thought you were managing a cost centre.
Turns out, you’re managing the ghosts of purchases past.
Depreciation Demystified: Mining Edition is for any Rube who’s ever opened a report, seen a number they don’t recognise, and muttered, “I swear we paid that off already…”
You didn’t ask for capital accountability.
You just wanted to run your crew, hit your targets, and maybe get a forecast through without Finance dry-laughing in your direction.
This course won't teach you spreadsheets.
It'll teach you revenge - in the form of knowing exactly why that D10 is still tanking your bottom line, how depreciation works (for real), and when to throw down the “useful life” card like a boss.
So what's inside this finely-aged financial mystery?
✅ Capex vs Opex — Spot the Difference Before It Bites You
Turns out “just whack it in capex” is not a long-term strategy.
We’ll show you the difference, the consequences, and how that innocent decision two years ago is still causing pain today.
✅ Depreciation Explained (With Swearing Optional)
We strip it back.
What is depreciation?
Why does it exist?
And why is it showing up here, now, and again?
No textbook definitions. Just pure, gritty reality.
✅ Useful Life vs Actual Life
That asset had a “five-year life,” they said. It’s barely made it through two.
Welcome to the gap between accounting optimism and site reality. We’ll show you how it affects your reports — and your mental health.
✅ Forecasting When It Won’t Just Die Already
Depreciation doesn’t care about your optimism. It’s coming - and it’s ugly.
This module helps you stop being blindsided and start planning like a spreadsheet assassin.
✅ Calling BS with Confidence
You may not own the asset register, but you can spot dodgy assumptions, incorrect write-downs, and depreciation lines that belong in the bin.
We’ll arm you with the questions that make Finance blink twice.
✅ Bonus Chaos Nuggets
We couldn’t fit all the pain in a checklist, so there’s a few bonus morsels: asset disposals, write-offs, accelerated depreciation, and how to look impressive without actually knowing the spreadsheet math.
Add this course to your toolbox and you’ll go from, “Wait, what’s that line?” to “That depreciation looks off — did you guys recalculate the remaining life after the repair?”
(Bonus points if you say it slowly and sip your coffee while Finance re-checks their spreadsheet)
Numbers still lingering like an old asset? Or just not sure if this is your jam?
The Fine Art of Forking Out
Go fast or go slow — either way, you’ll stop blaming Finance (just kidding, probably not).
Rip In and Rube it
Rube it Real Slow